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EDC 01-15-2013
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EDC 01-15-2013
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4/26/2021 11:30:34 AM
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9/18/2013 9:52:54 AM
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2013 New Brighton Exchange Work Plan <br /> Project/Activity Description Status Revised <br /> The View at Long Lake <br /> o Stuart Co. Contract Amendment Stuart Co. is requesting an amendment to the Contract for Private 1-9-2013 <br /> Redevelopment that would modify Sec. 8.5 (City Cure of Mortgage <br /> Default) of development agreement. Language doesn't apply any <br /> longer because work is completed and City has issued a Certificate <br /> of Completion. <br /> Developer's new lender is requesting amendment. Staff requested <br /> termination of quiet title proceeding in exchange. <br /> Council to consider on 1-22-2013. <br /> o Quiet title proceeding to remove Affidavit Parties have verbally agreed to end this legal proceeding. 1-9-2013 <br /> of Hazardous Substances. this legal proceeding. <br /> Council to consider on 1-22-2013. <br /> APi Group Expansion <br /> o Corporate expansion City is working with APi on potential expansion of their current 1-9-2013 <br /> corporate campus; 2 buildings (75,000 SF). Parties are now working <br /> on a term sheet. <br /> Pulte Homes <br /> o Proposal by Pulte Homes to build Parties working through form of legal agreement to grant access 1-7-2013 <br /> single-family homes on 27 acre tract for site testing and other due diligence. <br /> of land. <br /> Marketing Activities <br /> o Colliers & Ryan Co. Both firms continue to market the site. On-going <br /> I:\New Brighton Exchange\Work Plan\NBE Work Plan.doc(2013).doc <br />
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